Part 4/8:
Diving deeper into technical analysis, Oliver pointed out that key momentum structures for major indices such as the S&P 500 and NASDAQ demonstrate clear signs of weakness. He warned that ostensibly healthy price levels could mask deteriorating momentum, suggesting that an eventual correction would be sudden and severe.
He underscored the importance of tracking specific technical levels: a mere 2-3% drop in major indices could trigger a rapid outflow of capital from equities to gold and commodities, transforming investor sentiment sharply from bullish to bearish.